BRSP is arguably the most conservatively managed mRETT in the commercial mortgage space, with one of the most experienced management teams in the industry. We won't suggest it should trade at NAV considering the real headwinds in the sector, but we do believe that BRSP should be trading at a smaller discount than pers. At a 40%+ discount to NAV, BRSP is a fantastic opportunity. Conclusion One could correctly argue that BRSP is a fantastically run company in a terrible market situation. This would be like th ...

When evaluating companies on the stock market, the risk factor causes you to discount the value of something based on how risky you think it is. The riskier the company (or its dividend), the more discounted its stock price. This can be amplified if the company is involved in lending to a sector that is seeing an increase in risk or perceived risk. Pick #1: BRSP - Yield 12.7% PM Images Co-authored by Treading Softly Today, I want to examine two companies that offer sky-high double-digit yields because of th ...

BrightSpire Capital, Inc. (NYSE:BRSP) Q1 2024 Results Conference Call May 1, 2024 10:00 AM ET Company Participants David Palame - General Counsel Mike Mazzei - Chief Executive Officer Andy Witt - President and Chief Operating Officer Frank Saracino - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Steve DeLaney - Citizens JMP Matthew Erdner - JonesTrading Operator Greetings, and welcome to the BrightSpire Capital Inc.'s First Quarter 2024 Earnings Call. At this time, all pa ...

| --- | --- | --- | |-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------| | | | | | | SECURITIES AND EXCHANGE COMMISSION | | | | | | | | Pursuant to Section | of the Securities Exchange Act of 1934 | | | Date of Report (Date of earliest event reported): | May 1, 2024 | | | BrightSpire Capital, (Exact name | | | | Ma ...

Antonistock Co-authored by Treading Softly. We all love an underdog, don't we? It seems to be built into the psyche of humanity to want to believe that the underdog can rise up against all odds and beat the giant. We have books, movies, and songs that cover this concept. It's common to feel like we're the underdog fighting against a world that is better equipped, trained, and capitalized. Naturally, our belief is that if someone else can do it, then we can do it, too. What we often forget is that for ev ...

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.20 per share of Class A common stock for the quarter ending March 31, 2024. The dividend is payable on April 15, 2024 to stockholders of record as of March 29, 2024. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial real estat ...

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced the Board of Directors set March 22, 2024 as the record date for the Company's 2024 Annual Meeting of Stockholders. The 2024 Annual Meeting of Stockholders will be held virtually on May 16, 2024 at 10:00 am Eastern Time. Information on the virtual meeting will be included in the Company’s 2024 proxy statement. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is i ...

Khanchit Khirisutchalual Co-authored by Treading Softly. Sir Adrian Carton de Wiart is colloquially known as the "unkillable Soldier." His military career spanned both World Wars and the Boer War, which occurred before World War One. During this time, he was shot in his stomach, ankle, leg, hip, ear, head, and face. He was caused to be blind in one eye. He was forced to tunnel out of the prisoner of war camp in World War Two. He also survived multiple plane crashes. After his illustrious military caree ...

($0.13) Distributable Earnings ($M) $25.4 Per Share $0.20 $4.4 4 FINANCIAL OVERVIEW GAAP Net Loss ($M) ($16.3) Per Share (Undepreciated) Adjusted Distributable Earnings ($M) $35.9 Per Share $0.28 Total At-Share Assets ($B) BRIGHTSPIRE CAPITAL CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING This presentation may contain forward-looking statements within the meaning of the federal securities lows. Forward-looking statements relote to expectations, beliefs, projections, future plans and strategies, anticipated ...

BrightSpire Capital, Inc. (NYSE:BRSP) Q4 2023 Earnings Conference Call February 21, 2024 10:00 AM ET Company Participants David Palame - General Counsel Michael Mazzei - Chief Executive Officer Andy Witt - President & Chief Operating Officer Frank Saracino - Chief Financial Officer Conference Call Participants Sarah Barcomb - BTIG Stephen Laws - Raymond James Matthew Erdner - Jones Trading Operator Greetings, and welcome to the Conference, BrightSpire Capital’s Fourth Quarter 2023 Earnings Call. At this tim ...